Power Probe (LON:PWR) Insider Jose María García Riera Buys 230,000 Shares of Company Stock

Power Probe (LON:PWR) insider Jose María García Riera purchased 230,000 shares of the stock in a transaction dated Wednesday, October 14th. The stock was acquired at an average price of GBX 63 per share, for a total transaction of £144,900.

Jose María García Riera also recently made the following trade(s):

• On Friday, October 9th, Jose María García Riera bought 25,000 shares of Power Probe stock. The stock was purchased at an average cost of GBX 59 per share, with a total value of £14,750.

Power Probe Stock Performance

Shares of LON PWR opened at GBX 63.50 on Thursday. Power Probe has a 1 year low of GBX 43 and a 1 year high of GBX 103. The firm has a market cap of £46.80 million and a P/E ratio of 28.01. The firm’s 50 day moving average price is GBX 57.94 and its 200 day moving average price is GBX 65.77.

Analyst Ratings Changes

Separately, Shore Capital Group reissued a “house stock” rating on shares of Power Probe in a research report on Thursday, July 30th.

About Power Probe

Power Probe was founded in 1992 in California, USA, and has grown to become an internationally renowned brand, designing and distributing over 120 products. It is driven by a relentless focus on product quality, continuous innovation and customer care, as captured in its mission statement: “Simplifying Automotive Diagnostics”.

The Group aims to deliver sustainable, profitable growth and drive long-term value for its shareholders by pursuing this core mission, and its strategy is focused around three primary objectives:

1.